MIAMI, April 14, 2015 /PRNewswire/ -- The PhoneBrasil Group, in a statement from its Chairman and CEO, Anderson A. Dias, reported that it has reached an agreement with a very prominent financial institution. With a joint announcement forthcoming, negotiations have been on-going since 2011 and are now in the final signing stages. Providing the needed capital for the full implementation of its business plans.
This key financial commitment from one of the top global financial institutions allows The PhoneBrasil Group to immediately commence construction of a state of the art Technological Park in the Brazilian city of Curitiba, Parana. This Technological Park will first and foremost function as a college and trade school for locals and family members of its employees. Providing key needed technical training to prepare them for high-tech jobs while serving as a local hiring pool for The PhoneBrasil Group's human resource needs.
The Curitiba Technological Park will have a modern assembly line for the company's EVOS wireless handset product line and it will be the home for its anticipated "The Glass" handsets, which utilizes The PhoneBrasil Group own operating system. The Technological Park is expected to produce enough handsets for the domestic Brazilian marketplace and also to allow the introduction of it services and products to the MERCOSUR pact of nations and later the rest of Latin America. The PhoneBrasil Group has already customized its key service offering to meet the needs of the MERCOSUR nations with its, Conect3S-LATINO service, allowing roaming and intra MERCOSUR calling at a low set price.
In addition, The PhoneBrasil Group announced today that it has pre-selected 27 Brazilian locations to open their Point of Sale stores, selling its product and services to consumers and enterprise clients directly in Brazil. The Company expects to open about 8 locations a month and is considering additional locations in the MERCOSUR member countries as well.
Said Anderson A Dias, CEO and Chairman of The PhoneBrasil Group: "Our soon to be announced financial agreement with a very important financial institution allows us to ultra accelerate our business plans. Our first goal is to ensure the immediate creation of our Technology Park, we cannot wait to share the plans with the public and break ground on construction." He added: "It allows us to locally manufacture products in Brazil and become a key player in the MERCOSUR group of nations, we will provide high quality products at prices the masses can afford, we will have solutions for everyone!" More to come from The PhoneBrasil Group.
About PhoneBrasil Group:
Through its subsidiary PhoneBrasil International Inc. is a telecommunications provider offering wireless telephone and broadband services to consumers and enterprise entities nationwide in Brazil, USA and worldwide, while providing its Evolution branded handsets, tablets and peripherals worldwide. The company has its global headquarters in Miami, Florida, USA with its Brazilian offices in Curitiba, Parana, Brazil. For further information please visit www.phonebrasil.com.
This document includes forward-looking statements. All statements regarding PhoneBrasil International including without limitation, future financial position, results of operations, financing plans, products and services, competitive positions, plans and objectives of management for future operations, as well as statements that include words such as "anticipate," "if," "believe," "plan," "estimate," "expect," "intend," "may," "could," "should," "will," and other similar expressions are forward-looking statements. Such forward-looking statements are inherently uncertain, and readers must recognize that actual results may differ materially from expectations or projections. PhoneBrasil International Inc. does not undertake any duty to update such forward-looking statements. Factors that may cause actual results to differ materially from those in the forward-looking statements include the ability to fund operations, actions of competitors, consumer acceptance of existing and new product offerings, and changes in general economic conditions as well as conducting business in foreign jurisdictions and risks inherent with currency exchange rates.
SOURCE PhoneBrasil International Inc.